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Weak

Chicago Board of Trade › (CBOT:YC.N14)

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Leon Gorman, LL Bean's grandson and a longtime company leader, dies at 80 in Maine

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FREEPORT, Maine (AP) — Leon Gorman, a grandson of L.L. Bean who led a modernization and expansion of the outdoors retailer after the founder's death, died Thursday. He was 80. He transformed L.L. Bean from a catalog company with a single retail store and 100 employees into a multichannel retailer with more than 5,000 employees and sales topping $1.5 billion.

Thousands of students ask government to erase college loans, claiming fraud or school closure

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WASHINGTON (AP) — More than 3,000 former Corinthian College students will have their college loans erased, the first wave of debt relief tied to the collapse of the for-profit higher education chain. The potential cost to taxpayers if all Corinthian students seek relief: $3.2 billion. About 3,100 closed-school claims have so far been approved — totaling about $40 million in student loans, the department said.

Coast Guard: Part of Mississippi River closed to traffic after tow boat collision, oil spill

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COLUMBUS, Ky. (AP) — Part of the Mississippi River was closed as crews investigated and cleaned up an oil spill caused by the collision of two tow boats, the U.S. Coast Guard said Thursday. The river is closed from mile markers 938 to 922, Petty Officer Lora Ratliff said. The barge was carrying approximately 1 million gallons, but the breach was only in one area, affecting just one of its six tanks, Ratliff said. That tank holds 250,000 gallons, but it wasn't known how much spilled.

Gov. Baker asks owners of Massachusetts nuclear plant to address federal concerns

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BOSTON (AP) — One day after federal regulators said they were stepping up oversight of Massachusetts' only nuclear power plant, Gov. Charlie Baker called on owners of the Pilgrim Nuclear Power Station to take "corrective actions" considering its series of unplanned shutdowns over recent years. In a letter Thursday to Entergy Nuclear Operations, Baker said he was troubled by the Nuclear Regulatory Commission's downgrading of the plant's safety rating and decision to ramp-up inspections in light of the storm-induced shutdown that involved the facility's safety relief valves. The Republican, who cited unplanned shutdowns dating back to 2013, said the company must ensure the plant meets the highest safety standards and its operations comply with all NRC rules.

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